Fossil Fuels Mismanaging Fossil Fuels

Fossil Fuels

Mismanaging Fossil Fuels Can Cost You Your Freedom

The direction the United States chooses to go with its energy policy will most certainly dictate the freedoms of this and future generations. Energy policy will also dictate if the nation can stay independent and free into the future. Never before has America's dependence on fossil fuel been such a strategic liability (Migone, 2007). In conjunction with the threat of losing the freedom and independence that is the essence of what makes this country great, the lack of prioritization for other fuels is crippling our environment as well. The intent of this analysis is to explain how increased fossil fuel consumption poses a very real and urgent threat to the personal, national and international freedoms of the U.S. And western nations and what needs to be done to mitigate these risks while making a more positive contribution to the environment.

Breaking Fossil Fuels Dependence and Gaining Freedom

Today America imports well over 70% of the oil it uses on a daily basis, translating into billions of dollars that leave this country for foreign nations, many of which do not even have diplomatic ties with the U.S. (Bang, 2010). As fossil fuels are continually are managed as a cartel or monopoly, the pricing is not set through free market dynamics but rather through a system of price management and optimization strategies. When oil prices are continually modified not by a free market economy but through price controls, there is a corresponding effect on global stock and equity markets as well (Jawadi, Arouri, Bellalah, 2010). When the U.S. breaks its dependence on fossil fuels, global financial markets most likely will stabilize. The price of oil as managed and optimized by the cartel (OPEC) will become gradually less relevant. When this happens, citizens, nations and entire regions of the world will be free from the volatility and unnecessary cost swings of fossil fuels. Each nation's economy will be free from the unnecessarily high costs of fossil fuels and the political instability they create. Dependence on fossil fuels is really the greatest threat to freedom because with a decision to raise prices or even cut oil off, cartels can completely re-order economic markets (Jawadi, Arouri, Bellalah, 2010).

Ending The Nation's Dependence on Fossil Fuels